The Central Highlands province of Dak Lak plans to build 18 multi-billion dollar solar power plants by 2020.

The province has granted approval to four investors for the construction of four of the 18 solar power plants in Ea Sup District.

The investors include Long Thanh Dak Lak Investment Joint-Stock Company, Xuan Thien Co Ltd based in Ninh Binh Province, Viet Nam’s dairy company TH True Milk Group, and US power group AES Corporation.

Pham Ngoc Nghi, chairman of the province’s People’s Committee, said that the other 14 solar power projects would help meet the goals of the national project on renewable energy by 2020.

“The solar power projects will greatly contribute to the socio-economic development of the province’s Buon Don and Ea Sup districts,” he said.

The facilities will be built on 7,494ha of deforested land or land that has not been effective for agricultural and forestry projects.

Nghi said that the hydroelectric lakes of Buon Kuop and Serepok hydropower plants would be useful during construction of the plants.

The province’s People’s Committee said it had finished compiling all necessary documents and would submit them to the Government for approval. — VNS